Montgomery has a population of 199,819 with a median age of 36.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 199,819 |
| Median Age | 36.1 |
| White | 29.0% |
| Black or African American | 62.7% |
| Asian | 3.5% |
| Hispanic or Latino | 3.9% |
| Other / Two or More Races | 0.9% |
The median household income in Montgomery is $54,166, which is 27.9% below the national median of $75,149. The per capita income is $31,549. The poverty rate is 21.2%.
The unemployment rate in Montgomery is 7.2%, compared to the national rate of 5.4%.
In Montgomery, 87.6% of residents age 25+ have a high school diploma or higher, and 33.1% hold a bachelor's degree or higher (14.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.6% |
| Bachelor's Degree or Higher | 33.1% |
| Graduate or Professional Degree | 14.0% |
The median home value in Montgomery is $141,900, below the national median of $281,900. The median monthly rent is $1,026. The homeownership rate is 53.5%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $141,900 |
| Median Monthly Rent | $1,026 |
| Homeownership Rate | 53.5% |
| Vacancy Rate | 15.2% |
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